Italian oil major Eni and its partners are actively working towards the completion of Phase II…
Category: Africa
Lagos Urban Rail: Red Line Set to Launch by End of September
The Lagos Urban Rail project is a key component of the Lagos transport master plan, aiming…
Equatorial Guinea Unveils New Development Plan for Zafiro Oil Field
The Zafiro oil field, a producing asset within offshore Block B, was relinquished last year by…
Veolia and Norfund Join Forces to Support Green Industry in Africa
According to the UN, Africa should not follow the same path of industrialization as Europe. Its…
Infinity Power Partners with Sierra Leone to Develop 1 GW of Renewable Energy
Infinity Power and the Sierra Leonean government, through the Ministry of Energy, have formalized a Memorandum…
TGS to Boost Mauritania’s Hydrocarbon Exploration with Seismic Data
Seismic services provider TGS has delivered extensive 2D and 3D seismic data for hydrocarbon exploration in…
Dangote Refinery Targets 550,000 bpd Capacity by End of 2024
Since becoming operational in January 2024, the Dangote Refinery has been compelled to rely on crude…
AFC and ARISE IIP Launch $100 Million Fund for African Industrial Enterprises
The launch of this $100 million fund by AFC and ARISE IIP is part of a…
Nation Media Group CEO Stephen Gitagama Resigns Amid Financial Challenges
In recent weeks, Nation Media Group (NMG), a prominent Kenyan media conglomerate, has faced mounting financial…
Egypt’s MNT-Halan Secures $157.5 Million to Fuel Expansion
Following a series of funding rounds totaling $520 million over the past three years, the Egyptian…
Cameroon Launches Agritech Innovation Challenge to Advance Digital Agriculture
In a joint press conference held on July 17, 2024, in Yaoundé, the Ministers of Posts…
Microsoft Scales Back Nigerian Presence, Shifts Focus to Kenya
Following a significant reduction of its Nigerian workforce, Microsoft is downsizing its office space at the…